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A building with a book value of $47,493 is sold for $53,818 cash Using the indirect method, choose how this transaction should be shown on

A building with a book value of $47,493 is sold for $53,818 cash Using the indirect method, choose how this transaction should be shown on the statement of cash flows.

Select the correct answer.

an increase of $53,818 from investing activities
an increase of $47,493 from investing activities
an increase of $47,493 from investing activities and an addition to net income of $6,325
an increase of $53,818 from investing activities and a deduction from net income of $6,325

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